Managing Partner Jeffrey Weiner spoke with Long Island Business News about the business of mergers and acquisitions in the accounting industry.

Marcum, with large operations in Melville, last week said it is merging California-based Lautze & Lautze into its operations. But that's just part of a much larger strategy to cover the map via mergers.

The firm, which completed nearly 20 mergers since 2009 including three in the last two months of 2015, has been building a merger infrastructure as it goes national.

It has grown to 1,500 people, 23 U.S. offices and five abroad, ranked 15th in the nation based on revenues by Accounting Today. And it wants to keep growing.

Raffa - Marcum's Nonprofit & Social Sector Group's strength and competitive edge lies in the fact that we provide expertise and superior service across a variety of essential interrelated financial, technology and consulting competencies.

President Donald Trump pledged that his tax law would kill off breaks and complex loopholes for the wealthy. Instead, the overhaul has ushered in a new generation of maneuvers that taxpayers can exploit before Dec. 31 to minimize next year's bills.

The TCJA, signed into law in December 2017, provided sweeping changes affecting almost all businesses and individual taxpayers. One such change related to limitations on businesses deducting transportation fringe benefits related to employee transportation unless the employee recognizes income related to the fringe.

Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major
business markets throughout the U.S., as well as Grand Cayman, China and Ireland.